What is Belvo?
Belvo provides an open finance platform tailored for the Latin American market. It allows businesses to securely access a wide array of financial data sources, encompassing banking, employment, and fiscal information. This comprehensive data access helps companies gain a holistic view of their customers' financial activities, enabling the development and offering of more personalized financial products and services.
The platform utilizes proprietary machine learning and AI-powered models, trained on extensive transaction data, to transform raw financial information into actionable insights. Businesses can leverage these insights, such as categorized transactions, income verification, recurring expense identification, and risk assessments, to make informed decisions more rapidly. Furthermore, Belvo facilitates seamless account-to-account payment experiences, supporting various methods like direct debit and Pix payments, thereby enhancing conversion rates and streamlining payment processes for checkouts, subscriptions, and top-ups.
Features
- Financial Data Aggregation: Securely connect to banking, employment, and fiscal data sources across Latin America.
- AI-Powered Data Enrichment: Transform raw financial data into actionable insights like transaction categorization, income verification, recurring expenses, and risk assessments.
- Account-to-Account Payments: Enable seamless and secure bank-to-bank payments, including Direct Debit and Pix options (Biometric, Automatic, Recurring).
- Connect Widget: Customizable front-end module for users to link their accounts easily.
- No-Code Tools: Solutions like Connect Page and Payments Dashboard allow quick deployment without coding.
- Developer Tools: Provides comprehensive API documentation, quickstart guides, and a sandbox environment for development and testing.
Use Cases
- Analyze credit risk for lending decisions.
- Speed up and simplify customer onboarding and KYC processes.
- Facilitate seamless top-ups for digital wallets.
- Optimize recurring payment collections for subscriptions and loans.
- Improve checkout conversion rates with direct bank payments.
- Enhance personal finance management applications with enriched data.
- Automate accounting processes by connecting financial sources to ERPs.
Helpful for people in the following professions
Belvo Uptime Monitor
Average Uptime
100%
Average Response Time
295 ms
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